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Ex-Googlers Train Machine Army to Sift Out Crooks

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Re: Ex-Googlers Train Machine Army to Sift Out Crooks

#2

Post by justinsteele »

$0.10/query is a hefty price to pay. For comparison's sake - http://www.maxmind.com/en/ccfd_features

If siftscience turns out to be significantly more accurate, it may end up being worth it.. but at somewhere between 6 and 20x their competition's price, it will take quite the improvement.

Re: Ex-Googlers Train Machine Army to Sift Out Crooks

#3

Post by jahabrewer »

justinsteele wrote: post #2

$0.10/query is a hefty price to pay. For comparison's sake - http://www.maxmind.com/en/ccfd_features If siftscience turns out to be significantly more accurate, it may end up being worth it.. but at somewhere between 6 and 20x their competition's price, it will take quite the improvement.

That was my main takeaway from skimming. I'm not a sales person, but I could see ten cents being a significant portion of the profit margin on certain items.

Re: Ex-Googlers Train Machine Army to Sift Out Crooks

#4

Post by brandonb »

jahabrewer wrote: post #3
justinsteele wrote: post #2

$0.10/query is a hefty price to pay. For comparison's sake - http://www.maxmind.com/en/ccfd_features If siftscience turns out to be significantly more accurate, it may end up being worth it.. but at somewhere between 6 and 20x their competition's price, it will take quite the improvement.

That was my main takeaway from skimming. I'm not a sales person, but I could see ten cents being a significant portion of the profit margin on certain items.

(I work at Sift Science.)

For what it's worth, you can score up to 5000 users per month completely free with Sift Science. So if you run a small site, there's no fee. If you run a large site, you can see for yourself whether we're saving you enough money to justify the price.

In addition, there are discounts from high volume, for pre-payment, and there's the possibility of scoring only high-risk users. If you run a web site, feel free to shoot me an e-mail at brandon@siftscience.com, and we can figure out how to make it work for you.

Re: Ex-Googlers Train Machine Army to Sift Out Crooks

#6

Post by divad12 »

brandonb wrote: post #4
jahabrewer wrote: post #3

Earlier quoted context omitted.

That was my main takeaway from skimming. I'm not a sales person, but I could see ten cents being a significant portion of the profit margin on certain items.

(I work at Sift Science.) For what it's worth, you can score up to 5000 users per month completely free with Sift Science. So if you run a small site, there's no fee. If you run a large site, you can see for yourself whether we're saving you enough money to justify the price. In addition, there are discounts from high volume, for pre-payment, and there's the possibility of scoring only high-risk users. If you run a w…

(I work at Sift Science too.)

Just to clarify, we charge 10 cents per unique user that you query in a month, not per query. So, you can query the same user as many times as you like in a month and the cost will not exceed 10 cents for that user.

Re: Ex-Googlers Train Machine Army to Sift Out Crooks

#8

Post by jrockway »

theorique wrote: post #7

Interesting that a prepaid gift card strongly suggests fraud. What if a person simply wants to protect his privacy?

I think it's best to rephrase that data and say "using a real credit card makes the transaction look more legit". (But it should be obvious that fraudsters want to "protect their privacy". In this case, it's the difference between going to jail and not!)

Re: Ex-Googlers Train Machine Army to Sift Out Crooks

#9

Post by tassl »

theorique wrote: post #7

Interesting that a prepaid gift card strongly suggests fraud. What if a person simply wants to protect his privacy?

The same thing than purchasing something at 3am. Those are only behaviors associated with higher chances of fraud. With the models they work p(fraud|prepaid_card) > p(fraud|!prepaid_card)
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